Bitcoin Forum

Come 14th June 2018, the world's biggest sporting event, the FIFA World Cup, will kick off in Russia. People from all walks of life will travel to Russia to witness this unique event. To some, this is an opportunity to be there, irrespective of whether their country has qualified or not.
Russia, as we all know, is one of the prominent countries that accepts the use of cryptocurrencies. For this reason, many hotels, restaurants, bars, night clubs, camping sites, tourists sites etc, will definitely make bitcoin a means of payment.
So, could Russia 2018 be an opportunity for cryptocurrencies to spread further far and wide? Could this be an opportunity for cryptocurrency to be made known to those who currently have no idea?
And could this be considered as another turning point to the crypto-community?

I have always harbored the feeling that this event will make crypto more popular and take it to another level. The only thing that we wish for is for the event to move on smoothly without any hindrance because we now live in a world where there are a lot of threats from other countries. People will definitely run out of cash due to certain reasons, and others will prefer a digital form of money as compared to physical cash due to security reasons. This i think will make cryptos popular in Russia for this event.

wwooow of course it do, that's great news

Yes I am also of the opinion as expressed by you.  FIFA is big event and that too in country like Russia where crypto currency is accepted will boost the currency of bitcoin.  Prices will also effected may be upwards.

I totally agree with your point about security issues being a main threat to this event. Things of that sort are usually unpredictable. But you would also agree with me that this is a global event and Russia will not take it lightly because it can easily dent the reputation of the country should this happen. Their military system is not weak and we all know that. So i think they would have started preparing for this event as long as you and i can imagine. But all the same, anything can always happen. So lets just hope and pray that the event moves on smoothly.

No, it's nowhere near that status.


Assumptions...
https://i.imgur.com/wwJhI0n.png (https://i.imgur.com/wwJhI0n.png)


Unfortunately, no, no and no.
A lot of people expected something from the Olympics in Rio (https://bitcointalk.org/index.php?topic=1102662.0), a lot from the EURO 2016, yet...nothing happened.

Events like this are not going to affect the price anymore. Those are not the times of a Nascar and Superbowl ads.

It sure could be but I doubt any real rise will come of it. Maybe some people will use cryptos but I doubt it will cause a huge flair in crypto usage. I think the Olympics would be a better suited venue to increase awareness.

Why do you think so? In Russia there is not yet a wide application of crypto-currency, and the laws on the crypt are still being adopted. The FIFA World Cup is a massive event attracting a lot of tourists. There are many interesting attractions  In Russia that are worth seeing in addition to the World Cup. To my mind this event will not affect the development of the crypto currency.

I also think that the impact might not be so pronounced except FIFA makes an official declaration for the adoption of Bitcoin or if the community was proactive in coming up with ways to incentivized the buying of tickets, food, accommodation, etc with Bitcoin.

I do not think that the World Cup in Russia will somehow significantly influence the spread of crypto-currencies in this country. We should not forget that while in Russia there are no regulatory legal acts on the regulation of the crypto currency and in general, although the definition of its status, and in its State Duma there are several controversial bills, including the establishment of criminal liability for the use of crypto currency as a means of payment. Therefore, it is unlikely that bitcoin and other types of crypto currency will be used very widely. If it does, it will be isolated cases.

if those mentioned hotels bars and other places are the ones who attract tourists and have a sign there about crypto then definitely it will help the crypto community to grow more and become acceptable as there are so many tourist and the most importatn thing they are not poor.

I don't think so.
Maybe it would mean something for the mass adoption of crypto if they hand out the rewards in BTC instead of $ or Eur.

Meanwhile, in Russia there are only a few days before the adoption of the long-awaited documents in the innovative digital sphere. Already in the coming Tuesday, May 22, the first reading of the draft laws on crypto currency and crowdfunding will take place in the State Duma. In the first document, the notion of a "digital field" is fixed, the second is devoted to crowdfinding, and the third determines the general conditions for organizing the initial placement of coins (ICO) and the turnover of Fiats.

I suspect there will be an increase in prediction market products launching before WorldCup so that one can start betting on football matches with crypto. Although not sure how this add to the image of crypto if real life usage is gambling and porn.;)

Russia is definitely not a crypto-friendly country. Very recently, the Russian government is targeting ICOs and are trying to eliminate the spread of bitcoin usage stating that it mght cause some negative effects to their citizens. On a side note, they are looking to develop their own crypto which seems to be ironic on their stance against cryptocurrencies. Anyway, in regards to the FIFA world cup, most attendees are only there for the matches, and the very little crypto usage migt take place. It is indeed a big event but not the right one to inform the public about cryptocurrencies.

The world cup is far bigger than the Olympics, so why do you prefer that event to the world cup? Lets consider the country that will host it too, is crypto accepted in that country? I agree with you that the change may not be significant, but if there should be an event that will bring a change, then it should be the world cup.

Of course Russia is one of most crypto currency believer so there's nothing possible for bitcoin gain again their price because of help of that's fiba event, hoping in the middle of the event bitcoin price including altcoins are slightly increase into the coinmarketcap, excitement to seen in the flow chart because of fiba event held in Russian crypto currency gain their popularity in the world not only their price.

Yes Russia world cup fifa 2018 is a great opportunity to communicate bitcoin. Have a better chance if advertising through football ⚽ world cup. World people easily realise the value of Bitcoin.

Thanks @stompix, @dothebeats, @Argoo, @Svetlazara, etc for doing due diligence to this topic. I must say that i have been educated today. Thanks once more.

this is good information, I predict this will make the crypto world create a bullish market. FIFA world cup payment will receive crypto.

and, I think that the world has slowly acknowledged the existence and existence of cryptocurrency.

First, Russia is not "crypto-progressive", in fact their government was very critical towards cryptocurrencies in the recent years, and many officials were calling for bans. It may be possible that they will actually ban most cryptocurrencies in the future and will only allow "tame"  cryptocurrencies like Ethereum.

There will be no massive adoption or use during the world cup, people would still be using fiat because it will be more convenient and faster. Cryptocurrencies are accepted only in few places, users need to usually wait at least a few minutes to get confirmations, merchants might be afraid about volatility and unclear legal status and so on - there are many obstacles and the benefits are not worth it for most people.

Generally large-scale sports events will have sports events quiz!
Many gambling groups will circulate funds through cryptocurrency!
This will cause the growth of cryptocurrency!

maybe this will be very interesting, where the current price of crypto is down. could be with a grand show that will be in russia later, will support the movement of crypto to fly up.

This will only be possible if owners of hotels, restaurants,  shopping mall etc are cryptocurrency oriented. You will be  surprised to realize that most of those people may not accept Bitcoin.

I  believe it too .somehow this event could be another way to promote cryptocurrency currency.since Russia accepted bitcoin..the event will be great help to the community ..

if russia wants, can use this chance so smarlty by adding crypto currency in hotels, restaurants, bars, night clubs, camping sites, tourists sites etc. so what people froem all over the world will come in touch of cryptos, and they will learn about it, and crypto fever would sperade more.

I think they spent more money than gain. And much of it will fall in politiks and oligarch pokets. Thats how business do in russia. And many of them even didnt know what bicoin is and where to use it.

Its good news for crypto users also Russia accepted crypto currency before because of its usefulness also this world cup Russia may income lots of tourism profit and this may help to their increase salary also their hotels , motels accept this and this may help to their customers also its easy to use.

Why not? I think Russia has already played great role to inspire many other countries to adopt crypto currency. Moreover, there are many big companies which have accepted crypto currency to deal with it. The number will increase in future gradually.

Russia has always been very clear about Crypto's attitude, but there are indications that Russia appears to be ready to legalize Crypto. This year's World Cup is a very good opportunity to promote Crypto to the world, especially those gambling ico will become very crazy.

FIFA Worldcup is the biggest event happening in Russia this year. Luckily Russia is also popular for widespread use of crypto currency. People all over the world will go there not only to see the world cup but also for vacation. Their will be huge money flow and people won't take fiat currency in their luggage. For security purpose and for convenience transaction crypto currency will be used abundantly which will give a positive impression in this sector.

The State Duma adopted in the first reading three draft laws on crypto-currencies. They define digital money as "other property", coins will not be recognized in Russia as a means of payment. Mining is proposed to be taxed, and the organizers of ICO will have to sign an agreement with each investor.

Good to hear, This is a great help for all bitcoin investors and user's to make another history in the field of cryptocurrency, So far Russia is doing great to promote bitcoin, surely bitcoin will recovers soon, This another opportunity to buy bitcoin while the value is at low rate.

As for Russia, I will say the following. I do not think that at the world championships someone will create the opportunity to accept payments in cryptocurrencies for a simple reason - the demand for services and goods will be high without it. But, of course, there will be exceptions.
As for the adoption of the crypto currency this is not so simple. If you read the bill, it does not have the concept of a crypto currency as we used to see it. The state wants wallets to be attached to individuals for control purposes. Regulator at its discretion can limit the number of tokens bought by people and much more.

Yes, there is a big chance for that to happen. Through all these public big events, the cryptocurrency always get good exposure. Then more people become interested to invest in cryptos.

This will surely make an impact to the crypto world and I hope this big event will help crypto community to known by common people who still relies in FIAT. And to add, there are lot of ICOs that are based in Russia and it will be an opportunity for them.

Yes, I think this is a huge oppurtunity for crypto and as Russia is also a crypto friendly country so we can hope for the best utilization of the event.

I’m looking forward to it. Upcoming Russia 2018 my next hope and wish this helps to boost up the price. Obviously considered as another turning point that will be an opportunity get return the dominance to the crypto-community.

FIFA world cup is the biggest event on the earth. So i think this event will create a positive impact on crypto currency. In Russia crypto is popular so for this reasons cryto will more boost up.

maybe for some business establishment tjey will accept crypto currency as mode of payment but for majority of businesses with in the vicinity of the fifa event i doubt it because if they will do there should be an early announcment from organizer that people can use cryptocurrency as mode of payment. maybe its too late to affect crypto price at this stage

why not, it's the biggest sport event on the world, million or billion people will watch it so the chance for bitcoin to reach out is huge!

world cup is big event and almost all of people in this world very excited to be a part of this tournament and if you says true that in Russia you can spend your bitcoin with plenty kind of service then this is good opportunities to try that and bitcoin users from other countries who arrive at there can spend their bitcoin for hotels, restaurants or anything else

An event beneficial to BTC
It could be a turning point for Russian financial markets

Sorry i doubt, even though many merchants accept bitcoin as the payment method at that event but seems like people prefer to hold their bitcoin instead of spending them, on the other hand, they will likely to pay the hotels with the cash or credit card as I can see in some biggest events before. I don't mean to spread the negative vibes here people see bitcoin nowadays as an investment tool.

Russia has received bitcoin in the country as a means of buying and selling transactions, and this year the world cup is being held in Russia and hopefully it will affect the value of bitcoin and hopefully there will be an increase.
because the whole world knows and definitely uses bitcoin and it will ease deals as long as they are in ruisa.

Yes, certainly this is a big impact for the randy economy, this is a good opportunity for everyone to enter the crypto market. It really brings a good life and a great source of income for everyone to invest in.

Yes it cab be a turning point of cryptocurrency. Russia world cup fifa 2018 is a great opportunity to communicate bitcoin. Russian government is targeting ICOs and are trying to eliminate the spread of bitcoin usage stating that it mght cause some negative effects to their citizens. But no big changes will possible.

As in the Op, the upcoming event can add more users to the cryptocurrency network. Russia being a prominent part of cryptocurrency will surely use different strategies to fulfill all set of people from different nations. In this regard can see more acceptance for Cryptocurrency for their needs. Maybe that could be a break point for bitcoin by the ongoing year to grow further and reach much higher value.

Can't say about the intensity of impact because a big section of powerful countries are still leaning towards regulating it.

I honestly find it strange that people keep on talking about Russia World Cup and bitcoin since there is absolutely no relationship between the two. Russia is not one of those countries with that much bitcoin adoption, specially not as a currency. bitcoin is legal over there and there are a lot of investors from Russia but that doesn't mean there will be some effects on bitcoin just because World Cup is there. it could have been true only if there were merchants over there accepting bitcoin payment. for example if the hotels, the airlines, the tickets to the games,... were being sold for bitcoin but since that is not the case here then there is no relationship either.

yes I see the opportunity, if in Russia crypto has been accepted and used as a means of payment, because with the number of shops, hotels or restaurants in Russia that receive payments using crypto, it will make the crypto exchange will increase and it will make people who do not know about crypto will know about crypto, and of course it will be very good for crypto development.

This is the right moment along with FIFA's event which took place in russia country if the country can take advantage of opportunities will surely further expand all corners of the country that can recognize bitcoin and the possibility of bitcoin price will rise and keep increasing.

I though demand for bitcoin and ETH will be increased in this Fifa world cup as man people want to gamble but their country forbidden it so use crypto is nice way as it anonymous to use

Lol, its Russia, not Japan, S. Korea or even China. 99% of people here never heard about crypto, not to mention making transactions or accepting payments by crypto. And all payments in foreign currency and in crypto are officialy forbidden by Russian government. It means if you try to make a payment by crypto here you probably should have problems with police and "kazaky" :D. Its funny to see how btctalk users fantasizing in this topic because its soo far away from todays reality.

I likewise imagine that the effect won't not be so articulated aside from FIFA makes an official statement for the reception of Bitcoin or if the network was proactive in thinking of approaches to boosted the purchasing of tickets, sustenance, convenience, and so on with Bitcoin. and course Russia is one of most digital money adherent so there's nothing workable for bitcoin pick up again their cost in view of assistance of that is fifa occasion, trusting amidst the occasion bitcoin cost including altcoins are somewhat increment into the coinmarketcap, fervor to found in the stream graph in view of fifa occasion held in Russian cryptographic money pick up their prevalence on the planet not just their cost.

Not just in those countries but all around the world is the same story. Probably 10% of world population has heard about crypto and only few 1-2% do the trading. Future is bright.  ;D

I have always believe that every event make cryptocurrency big and big. Because Fifa 2018 is a biggest sporting event of this world and many transactions occur through the time. Russia is a country where crypto currency is accepted like a boost and also boost the currency of bitcoin. :o

I think this is the time for everyone to by BTC who need to multiply their investment by at least 0.5 times. Due to Russia accepts cryptocurrency payments and so many crypto holders comes to FIFA world cup there should be a heavy pump in upcoming weeks.

Russia is not accepting crypto payments.

strongly agree with your opinion on the security issues that are the main threat to this event. Such things are usually unpredictable. But you will also agree with me that this is a global event and Russia will not take lightly because it can easily damage the country's reputation if this happens. Their military system is not weak and we all know it. So I think they will start preparing for this event as long as you and I can imagine. But all these same events will not affect the development of crypto currency.

Yes Russia 🇷🇺 world cup football arrangement helps bitcoin to increase community. If bitcoin contain logo advertisement help bitcoin spreading worldwide.

Very few country gives this facilities like Russia for crypto currency based on this we can pay many bills with it and this the high time to introduce or invest coins in the market because based this people will do transactions with crypto currency and this will bring profit for both of the parties like buyer and seller.   

Russia is building a position for Bitcoin and other digital coins as part of efforts to reduce the risk of money laundering. While Russia's final stance remains unclear, previous developments have suggests a move towards more flexible views with this technology.

Russia World Cup Group 1 is already done, I got to know recently how some people were able to purchase goods from few shops with Bitcoin, according to the information I got from my friends.

I'm not sure about that. What has FIFA to do with Cryptocurrency? I see absolutely no connection between these two, but it might be just me who knows lol. I expect a sales increase in all sports gambling websites which are accepting cryptocurrencies, but nothing more. The price is still manipulated by the big players and we'll stay low for as long as they want to keep BTC there. Afterwards we'll go boom boom to the moon  ;D

I always feel that this event will be a good sign for the bitcoin market because people will trust virtual currency more than real money for security reasons and every transaction is kept private.

This I think will make cryptos popular in Russia for the event.

Well, the Soccer World Cup is nearly finished and we have not seen any impact on the price.  ::) It would have been quite different if they only accepted bitcoins at these events, but there is no news that they had any Bitcoin exposure during this event.

So, there you have it. It has come and gone and nothing has happened. The price even went down below the level where it was before the Soccer World Cup started.  ::)

I think it could have an effect, maybe there are some travelers who use crypto as their survival tool during the world cup in Russia. Russia is an open country and welcomes crypto well.

This is a good opportunity to promote Bitcoin like people and let more people know about Bitcoin.

Fifa comes to an end and all the general holiday ends! It is a great pity that so many football weeks have passed! In Russia it is not forbidden, but bitcoin is not allowed! Now in Russia there are two communities for and against! I'm sure that if the president himself speaks about this, as well as his surroundings! this means that Russia is moving in the right direction - the legalization of the bicconi and the crypto world! Of course, it was impossible to advertise bitcoin on football, but there are probably people who bought tickets for crypto coins!)))

The World Cup in Russia has already ended in football. This event was grandiose and extensive and it remains to collect statistics on the issue of demand, use and use of crypto currency in connection with this event. But I am sure that such large-scale projects are also contributing to the growing crypts.

Of course Russia is one of most crypto currency believer so there's nothing possible for bitcoin gain again their price because of help of that's fifa event, hoping in the middle of the event bitcoin price including altcoins are slightly increase into the coinmarketcap, excitement to seen in the flow chart because of fiba event held in Russian crypto currency gain their popularity in the world not only their price.

Probably it would have been the first World Cup final with only two spectators one of them being Putin (whom nobody sane enough would ask for a ticket) and the other the one making sure Putin is not alone  ;D
Remember this fiasco (http://www.businessinsider.com/bitcoin-conference-stops-accepting-bitcoin-network-fees-congestion-2018-1)?


Not too much of a surprise, isn't it?


Can you please let me know who won, at what score and who scored in what minute?
I'll share 90% of the profits, I swear   ::)

I do not think that the football championship will have a significant impact on the cryptocurrency market. In Russia, there are no specific solutions for the settlement of cryptocurrencies. Do not forget that Russia is still under sanctions. Therefore, its capabilities are limited.

In Russia 2018 crypto community increase in betting world because a lot of people are used ethereum platform for betting so who people want to bet they use cryptocurrency automatically crypto community increase.

It actually did not have any impact in the Crypto world. We need real investors and not part-time users.

yea, bitcoin will sure soar again

I am just happy croatia made it the final, this is going to be a geat weekend of sport- as for cryptocurrency- it is going nowhere

Sure, I believe the ongoing event is a great opportunity for the crypto community to expand. To some extent there would be an increase in the activities involving bitcoins and other cryptocurrencies; it has also led to the spearheading of vital projects such as the Sportsfix ICO which aims at allows fans to participate and engage with their favorite sporting events in a self-contained economy with all digital transactions employing smart contracts backed by blockchain technology.

Oh sure! The ongoing FIFA WORLD CUP, RUSSIA 2018 has been a wonderful opportunity for the development of Bitcoin. Various crypto users from all the world would come together to have fun and explore the various cities and recreational centers in Russia. this is a good opportunity to promote bitcoin activities.

Yes, the event is significant and very interesting, I agree with you.
Just wondering at what territory after this championship russia will invade ignoring all international plans? And will scream as always that she saves her Russian world ... ;D ;D ;D

there was an article from people traveling to Russia and trying to pay with crypto. They managed to found some places, but it was a real hassle, nothing of convenience. Let's hope by the next world cup the situation will be different.

Hmmm. Care to share what big tournament is FiFA hosting in Russia? World Cup 2018 has crowned France as the new champion so I don't know if you are aware of what you are saying here, it has ended 2 weeks ago. I also didn't fell that the World Cup has somewhat pushed bitcoin or crypto to the next level. Also, I'm very skeptics about Russia adopting crypto because if you have been following them, they always contradicts themselves, a indication that the government has and will not support bitcoin or crypto in general.

The last message is more suitable for characterizing the state of affairs in Russia with the crypto currency.
What can you expect from a country where crypto-currency sites, social networks are prohibited and a draft law on criminal responsibility for the use of crypto-currency as a means of payment is submitted to the legislature? Yes, and the latest statements of Russia's top officials on the introduction of crypto currency also do not inspire optimism.

Yes, The Fifa 2018 world coup has seen a large of crypto currency in hotels, stades ....etc , this event has been a great opportunity that has allow crypto currency to gain more strong mainstream adoption by people

Bitcoin in this event. yes you have it. The price even dropped below the level that it was before the soccer World Cup began. Unfortunately there were so many football weeks already! I am sure if the president himself talked about this, as well as his surroundings! This means that Russia is on the right track - the legalization of bitcoin and the crypto world!

We have already made sure that the World Football Championship has not had any positive impact on the development of the crypto currency in Russia. Yes, in principle, he could not do it. In general, Russia is still at a crossroads and is waiting for the decision of its legislative body, which has so far not adopted a single law from the proposed several bills. I do not think that Russia will adopt good laws with respect to the crypto currency. Under the present government this is hardly possible.